The economy in haiku; Facebook failures; How the World Commutes;

The Kauffman Foundation fourth quarterly survey asked its economics bloggers to capture the state of the economy in haiku. The Econmist called the results “sublime.” Here are some of the best haikus we found.

Lewis E. Lehrman writer of The True Gold Standard: A Monetary Reform Plan Without Official Reserve Currencies has made headlines with his plan of replacing national currencies with the non-national, neutral asset of gold as the world’s reserve money supply. So what exactly would this mean for the world? Check out this article by Forbes for more.

This opinion piece by Forbes claims that “by forcing its citizens to use the China Wide Web instead of the World Wide Web, Beijing is damaging its competitiveness versus its more open and democratic neighbors.” Kipp’s inclined to disagree with this one…after all UAE with all its internet censorship, still enjoys one of the major economies here in the Middle East.